AN ACT relating to health benefit plans that exclude mandated health benefits.
Create a new section of Subtitle 17A of KRS Chapter 304 to permit an insurer offering health benefit plans to offer a high deductible health benefit plan that excludes state-mandated health benefits; restrict purchase of such plans to applicants who are uninsured on the date of application and have been uninsured for the 12-month period immediately preceding the date of application; define a high deductible health benefit plan as a health benefit plan with the same annual deductibles as required by federal law for health savings account high deductible health plans; require the prospective policyholder to sign a written disclosure statement; require the insurer to retain the completed disclosure statement, or an electronic copy, in its records for a reasonable period of time as set by the commissioner; require any advertisement of the high deductible health benefit plan to contain a statement clearly stating that all state-mandated health benefits are not covered in the high deductible health benefit plan.

HFA (2, A. Wuchner) - Require an insurer that offers a plan to provide adequate disclosure of plan differences with a side-by-side comparison of plans; require training of agents who sell the plans to ensure adequate knowledge be provided to the consumer; require that a copy of all printed materials and agent training information relating to the plan be filed with the department.